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$ 459,000
Est. payment | /mo
7 Beds
3 Baths
$ 459,000
Est. payment | /mo
7 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12493943
Style Greystone
Bedrooms 7
Year Built 1903
Annual Tax Amount $2,377
Tax Year 2023
Lot Dimensions 4690
Property Sub-Type Two to Four Units
Property Description
Welcome to 1844 S Millard Avenue, a gorgeous yellow brick Greystone in the heart of Chicago's resurging North Lawndale neighborhood. An area rich in architectural heritage and poised for growth. This fully occupied, income-producing 3-unit building offers the perfect blend of historic elegance, functional upgrades, and investment upside. Built in 1903 and well preserved, the home features an eye-catching turreted bay, an ornate covered entryway with a Corinthian column, a stone balcony with balustrade, and beautifully detailed limestone trim. All contributing to its commanding curb appeal. Situated on a tree-lined block filled with stunning Greystones and other turn-of-the-century homes, the property invites a sense of pride and permanence that's hard to replicate. Each unit is thoughtfully configured with separate utilities, in-unit laundry, and individual central air and heat systems, offering comfort and independence for tenants while making management simple. With 3,424 square feet of living space across a 4,690-square-foot lot, this classic multi-family presents an ideal opportunity for investors seeking a turnkey, stabilized asset in one of Chicago's most promising growth corridors. Located just minutes from the rapidly expanding Illinois Medical District, Mount Sinai Hospital, St. Anthony Hospital, Rush University, and Stroger Hospital, the demand for housing in this area is rising fast, fueled by job growth, and revitalized commercial spaces. Commuters will appreciate easy access to the CTA Pink Line, as well as I-290 and I-55, while outdoor lovers can enjoy nearby Douglass Park. Given current market trends and comparable rentals, this property offers significant potential of future rent income. Whether you're adding to your portfolio or planting roots in a vibrant, historic neighborhood, 1844 S Millard stands as a rare opportunity to own a piece of classic Chicago architecture with modern income appeal. Drive by and experience the block-you won't be disappointed. Due to tenants availability showings are being limited to weekends only. Sorry
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement None
Interior
Heating Forced Air
Equipment Ceiling Fan(s), Multiple Water Heaters
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick,Block,Stone,Limestone,Combination, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick,Block,Stone,Limestone,Combination
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Edgar Zelaya of eXp Realty
GET MORE INFORMATION
Michael Bempah
Broker | License ID: 475.175881
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